I didn't say this was a right-libertarian thing, so I don't want anyone to think that was my bias here. I think it's clear that there are hucksters of all stripes jumping on this bandwagon.

That said, I think this is as insightful a summation of the situation I see in crypto as I've read recently.

It's a race against a regulatory clock and when it strikes midnight...

I may steal this gem. :-)